Residential

Penrose, CO Residential Land & Home Lots for Sale

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Level Farmland Parcel with Ditch Shares
Updated: Jul 3
Level Farmland Parcel with Ditch Shares

15941 Highway 115, Penrose, CO 81240

$170,000
8.14 AC lot
8.14‑acre parcel in Penrose, Colorado with level, usable land
Includes ditch shares, providing irrigation water rights
Expansive countryside and Pikes Peak views
Land setup suitable for a custom home, barns, and gardens
Opportunity to support crops, livestock, or maintaining lush landscaping
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Acreage Lot with Mountain Views
Updated: Jul 11
Acreage Lot with Mountain Views

83 Top Rail Trail, Penrose, CO 81240

$100,000
2.78 AC lot
Large 2.78 acre lot featuring STUNNING mountain views and sunrises/sunsets.
Centrally located between Canon City, Pueblo & Colorado Springs.
No HOA.
Room for horses and RVs.
Protective covenants to protect home value.
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Penrose, Colorado Build-Ready Land
Penrose, Colorado Build-Ready Land

35 Top Rail Trail, Penrose, CO 81240

$107,000
3.19 AC lot

3.19-acre parcel ready for construction with mountain views.

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Penrose Land with Mountain Views
Penrose Land with Mountain Views

1374 C St, Penrose, CO 81240

$55,500
10.00 AC lot

10-acre rural property in Penrose, Colorado, with mountain views.

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Land For Sale in Penrose
Land For Sale in Penrose

Highway 67, Penrose, CO 81240

$75,000
5.00 AC lot

Land with mountain views near Canon City, Colorado.

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Land in Penrose, Colorado
Land in Penrose, Colorado

County Road 123, Penrose, CO 81240

$45,000
2.20 AC lot

Land for sale, 10 minutes from Canon City.

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Split-Side Land Parcel
Split-Side Land Parcel

11th St., Penrose, CO 81240

$300,000
20.00 AC lot

20-acre parcel split evenly across 11th Street, offering flexibility for residential or agricultural development near Penrose.

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Private 10-Acre Parcel in Penrose
Private 10-Acre Parcel in Penrose

380 13th St, Penrose, CO 81240

$54,500
10.00 AC lot

10-acre parcel with mountain views, fenced for livestock grazing.

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83.54 Acres Bordering BLM
83.54 Acres Bordering BLM

Iron Handle Road lot: 6.7, Penrose, CO 81240

$400,000
83.54 AC lot

Premium land with varied terrain and no restrictions.

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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 9 Active listings in Penrose, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

2.89 Acre Lot in Florence
2.89 Acre Lot in Florence

County Road 119, Florence, CO 81226

$120,000
2.89 AC lot

2.89 acre lot with country feel near Florence, Colorado.

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Ready-to-Develop Lot in Florence
Ready-to-Develop Lot in Florence

212 Hawkins Avenue, Florence, CO 81226

$30,000
0.19 AC lot

Building lot with utilities and existing brick shed.

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Canon City Land Near Golf
Canon City Land Near Golf

828 Pecos Point, Canon City, CO 81212

$59,900
0.31 AC lot

Residential land on golf course in Canon City, Colorado.

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LAND - Canon City, CO
LAND - Canon City, CO

771 Chris Ct, Canon City, CO 81212

$199,000
36.29 AC lot

Land · 36.29 Acres

View details

Penrose, CO Residential Land & Home Lots Market Trends and Statistics

Explore 9 residential land & home lots for sale in Penrose, CO, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,307,000.

Sale prices for home sites in Penrose, CO start at $45,000, averaging $145,222, and reaching up to $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Agricultural land / Farmland 17
Residential land & home lots 8
Commercial land 4
Recreation land 3
Hunting land 1

Demographics Overview

Population 4,533
Population Growth (5Y) +25.7%
Median Household Income $79,514
College Educated 40.6%

High-Yield Neighborhoods for Investment

Identify Penrose submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
81240 $139.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fremont County

New Delisted

Total CRE Inventory on Market (SF)

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